Fact Sheet: President Donald J. Trump Addresses the Threat to National Security from Imports of Timber, Lumber, and Their Derivative Products
SUPPORTING AMERICA’S LUMBER INDUSTRY: Today, President Donald J. Trump signed a Proclamation invoking Section 232 of the Trade Expansion Act of 1962 (Act) to impose tariffs on imports of timber, lumber, and their derivative products (wood products) to bolster American industry and protect national security. The Proclamation imposes a 10% global tariff on imports of